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in this race and our thoughts are with all of them today. the department of defense is prepared to respond quickly to any response for additional support from domestic law enforcement agencies. i will continue to consult closely with d.o.d. senior leaders on how we can best support the government's response and investigation. and chairman dempsey may have additional comments regarding this event as well. mr. chairman, i will now turn to my opening statement for this hearing. this year's 2014 budget request for the department of defense is -- as congressman lowey noted, a budget that was put together over many months. an enterprise as large as the department of defense, $600 billion is not collaborated with or on or numbers or budgets instructed in a manner of two or three months. and as we proceed in this hearing this morning, mr. chairman, we will get into some of the specifics of the budget and why some of the decisions were made on the basis of what the numbers will reveal and our responsibilities. allow me to express my appreciation to this subcommittee for its continued support of our
of defense, we talk about the post office and prepayments being made. there is one truism on both, o s the taxpayer is ultimately on the hook. yes. so it is not an issue is this just a quasi-government organization, both dod and you need prepayments. we're ultimately on the hook the taxpayer is. what concerns me in a time, admitted, mr. chairman your low liquidity. you're not really sure you can get down as low as two days later this year, at a time in which the discussions have been made and i have read about the board of governors and your role. you do believe you have a fiduciary duty in your role to the postal service and in your role, correct? >> mr. chairman, representative, yes. >> that means there's a trust. there's a trust with you and the board of governors not just strictly you but i believe with the postmaster general and others in this situation. what i keep hearing is, well we thought of and we're looking at that. we have a five-year plan that was many years ago. we have discussions that we want to do. we're exploring ideas. these are direct quotes from today, exploring h
this evening. we turn now to north korea and a conversation with michele flournoy a former senior defense department official about where the crisis in north korea stands. >> my worry is on the north korean side you have kim jung-un who is a very young inexperienced leader, the question is will he know when to stop? his father, hi grandfather knew up to... how to walk up to the line but stop short of war. the question is will he know how to do this or will he miscalculate because if he goes up the escalation ladder because of the geography, because of the tens of thousands of artillery aimed at seoul, the first hour of a full-out conflict would be very deadly for both sides. you would be very quickly into a full-scale war. that's the real concern. it's miscalculation. >> charlie: we conclude this evening with a look at the results of the venezuelan election with who hey cast need a, greg grandin and nikolas kozloff. >> i think his charisma was off the charts. that's not a bad thing. i think in terms of the 20th century of last inamerican history, the 21st century maybe juan per own maybe
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into equities. it's very interesting. look at the 1,000 and 2,000, large and small cap space, but also defensive versus dynamic, the rally we've seen has been very strong. it's had this very defensive tam boar tambor. it's like this sub tub city -- city constitution effect. global economics, look at the u.s. first. name by name basis. emerging markets. i would think global bonds. longer term investors, commodities from a valuations perspective look attractive. >> commodities? gold? >> not necessarily gold. >> oil? >> dr. copper. the valuations are beginning to pull in a little bit if you've got three to five years which maybe a lot f of people don't have. if you're a longer investor like your clients. just rebalance into that. take a multiasset approach. >> greg, i don't know if you asked those investors who are risk averse that you had in your survey, but where are they putting their money if they're not in the stock market? they're getting nothing from fixed income right now. >> yet they're content with that, it seems. it's cash. it's bonds. this is what concerns me, bill. this is going to req
a strong defense force is part of china's modernization. the paper refers indirectly to the united states. it says the country has strengthenned it's asia-pacific military alliances and they have expanded in the region and makes the situation tenser. the report first directly to japan regarding the sankaku islands. china and taiwan claim them. the white paper also gives details on military event. it says they carried out exercises in the pacific about ten times since 2007. >> the chinese military must protect our country's sovereignty and marine interests. >> for the first time they revealed a defense person break down. china says they have 2.3 million troops. but it didn't list the number of strategic missile units or armed police. >> no issue of territorial sovereignty exists over the sankaku islands. china's comments and claims are unacceptable. >> he added that the government will protect japan's water, land, and air space. >>> executives of japanese telecom giant softbank said they will go ahead and complete the buyout of the third largest u.s. telecom operator sprint nextel on july
for self-defense and for hunting and for sportsman activities. target shooting. i still go target shooting basically out my backyard in searchlight with my grandchildren. but i've always had trouble understanding why people need assault weapons to hunt or protect their homes or to target shoot. when the assault weapons ban came before the senate for a vote ten years ago, i called my friends, one in particular, who is a real advocate with -- on guns. and he said to me, you can't define an assault weapon. why are you doing this? you can't define an assault weapon. he convinced me he was right, so i voted against that. i voted against the ban. just about a month ago i called this same friend. i asked if his opinion had changed. generally no, but specifically yes, it had changed. he still opposes a ban on assault weapons. i said tell me why. i found his new reasoning absurd. and even though i care a great deal about my friend, he's headed in the wrong direction. so it caused me to reassess my position. he said do police have assault weapons? i said, yeah, some of them. he said if they have the
in the looks completely defensive if you look to the upside or the down side of the s&p. is that the trend of the week for the market's overall to go into the defense of utilities? >> absolutely. some may go way. we are up with the indices' over three and a half months people take off the table and enjoy the money over the summer. you don't want to be out but rotate and me very careful. cheryl: en one heck of a day for these markets and the triple digits swing. also looking at the s&p there are nine stocks falling to a brand new lows and nicole petallides is watching that from the floor of the new york stock exchange. >> we have seen broadbased selling but economically sensitive sectors are doing the work with energy and financial and technology and some names hitting new 52 week lows with peabody energy and report back iran and going into the green with report mack ran. and going down below $400 the lowest levels we have seen since december of 2011 also newmont mining the best of the worst is what you need like health care or consumer staples that have concerns -- been able to hold on. th
an hour. we have subsequent meetings here, secretary of state john kerry, secretary of defense shuts hegel, director of intelligence james clapper and others at the white house. however senior administration officials stress that is for previously scheduled meeting of national security principals, so nothing really specifically to do, nor was unscheduled specifically because of the events in boston, that was earlier this morning. news from capitol hill according to bret baier of fox news saying officials briefed lawmakers on capitol hill telling them they really want to get this second suspect alive find out perhaps if there are any more people involved, find out whether they have any training overseas or if they were radicalized in the united states or overseas and that has final implications to this investigation when you consider taking him alive versus not so that is something they're working on. we got everything in boston where all eyes in washington are right now from governor deval patrick saying there are continuing developments, can't talk about them now but talk about them later
that says maybe you should move back into tech and out of some of those defensive consumer areas. >> we're not there. we've been advocating what we've been calling stocks with bond-like characteristics for better part of two years and we really pressed that at the beginning of this year. we are not ready to make that change. if through earnings season and as we get into the full april data set you really were to see a significant correction, probably in the overall market but certainly in those capital spend sensitive sectors, then you might get a window to do it. but we would not be doing that today. >> obviously, barry, then the alternative might be to continue to buy some of these defensive names and we see them at the top of the list today. the verizons and pepsis. don't you run into a valuation question there? how expensive do they get when even they are not a good alternative? >> we don't think valuation matters a whole lot for those stocks. we think it is more about the huge tentacle created by fed buying and now bank of japan. some of that buying weakened into the u.s. this is t
with the department of defense and others to address last year the department of treasury to qualify that as a hardship from the hamp program. you're racing another great exam how there can be a general consumer problem, the issue of tenants who are renting who can be affected by some of these problems that -- great example is when congress dealt with the fact that tenants can be ousted from their place they're living because the landlord is foreclosed upon even though the tenant may not know anything about that and they fine their belongings on the street. for the military, again, this particular instance has to do -- can do with change of station ordered or can do with, as you say, trying to improve your housing for lesser cost. so, if congress is going to lock that issue, we'd be happy to supply the experience that we have seen from around the country. that of, of course, a judgment for you all to make but it's another outstanding example how you can have general consumer issues ask then translate them into the military context but they are sharpened or aggravated the the situatio
.i.t. technologies cut across every sector of our economy and our national defense infrastructure. our relatively modest 20-year investment in nitr-d programs has contributed immeasurably to our economic and national security by enabling innovation and job creation in the n.i.t. and providing american students with the skills to fill these jobs. let's re-authorize this program today and ensure that it remains strong. i want to thank my friend, mrs. lummis, for reintroducing a bipartisan bill once again in this congress and i also would like to thank my staff and in sokolo for their hard work on this bill and i urge my colleagues to support h.r. 967 and reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves, the gentleman from texas is recognized. mr. smith: i yield five minutes to mrs. lummis the sponsor of this legislation and who chairs the subcommittee of the science, space and technology committee. the speaker pro tempore: the gentlewoman from wyoming is recognized for five minutes. mrs. lummis: thank you, mr. speaker. i want to start by thanking chairman smith and
, tinto or cliffs natural resources were also weak. defensive names like walmart were also done, but fared better. the main catalyst for the sell off was concerns about slower global growth. china reported gdp for the first quarter below expectations. with europe in recession, trader rs now worried where is the growth going to come from. i'm bob pisani at the new york stock exchange. >> as bob just mentioned, the price of gold plunged today, recording its second worst loss ever and closing below $1400 an ounce for the time in more than two years. today was the first time ever that the dow and price of spot gold both recorded triple digit losses. why is selloff and what may be next for the precious metal? jackie deangelis has our report. >> another massive selloff in the gold market today, but what's fuelling the fur rouse rotation? several factors are at play including the continued strength in the equity market. gold had lost its luster, but gold is also an inflation hedge and as long as the fed continues with its stimulus program, investors believe inflation is likely to remain in check.
workers. absolutely zero. and defense officials may drop the furloughs entirely. homeland security has not furloughed anyone, and it has not cut overtime. so the exact impact is zero. the "washington post" gives away pinocchio's for lying. tonight we are giving dunce caps away, and we will continue to do this. elected officials to make egregiously silly statements. we think our elected officials should be so honored and noted. so we are going to award this to acquire tonight. and he earned it. i think you would agree. fellow democrat, a year from california, the head of the house democratic caucus today warned that the sequester cuts undermine the ability of our cities to respond to terrorist attacks. listen to this. >> so, when those first responders did such a phenomenal job yesterday in boston, chances are the mayor in boston is now having to figure out how to cover for the extra cost involved in having so many people out there for security and emergency medical assistance responding because they get paid so he is now probably getting money from some other part of his budget, the co
, is it going to take a smart defense lawyer to say, wait a second, i challenge this because let me read you tweet from the boston police after he was taken into custody. it says captured. the hunt is over. the search is done. the terror is over. is that a problem? >> that would be used by a defense attorney to argue there was no public safety threat. in light of the circumstances we've had, the numerous improvised explosives, the huge gunfire, i think that the government is going to get a fair bit of latitude here. the other piece we have to remember is miranda only affects the statements he makes and whether or not they're admissible in court. i think the fbi will likely have a very, very strong case even if he says nothing at all based purely on the surveillance tape, statements of witnesses and the forensic evidence. >> michael, we'll have you on later to talk about the radicalization of these brothers, how and when it may have happened. thank you very much. >> thank you, matt. >> savannah, you're a lawyer. the government on firm legal ground here? >> it is. as michael pointed out this i
and that is the top five. the number five. oklahoma. the state charges the defense cents a gallon including the $0.18 federal gas tax. number for south carolina. the state gas tax under $0.70 for number three new jersey has some of the highest income tax and property tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: charges filed in the boston and bombing the 90 killed has been charged with conspiracy to use a weapon
flow is going into the defensive sector of stocks. while nobody is watching the money is going into the bond market. these are all warning signs saying you know what? maybe we're at temporary top. maybe we need a correction here. david: gene, you see the warning signs. you see the dow pulling back to 14,000, right? >> that is correct. i do think there are signs which the guest already mentioned. there is weakness of oil to be concerned about over the near term. there is correlation with the oil and stock market since the start of this cycle. weakness in oil could portend investors worries that the economies are slowing down not just in china but globally as well. so that will probably put pressure on the market. the other thing too, we're in the earnings season and this might be the quarter that doesn't delight. that is that we do get some dispoints manned -- disappointments and we get stiff reactions to the disappointments. lori: bob, you were cautious yet looking for stocks to show gains for the year. what do you think will get us past these bumps in the road? >> i think the
people respond. >> republicans are looking for a way out of that defense sector. there will be more pressure put on them right now. the people who wanted to wobble anyways, will be wobbling harder. we will not increase spending on anything right now. connell: i know it is tough a couple days after something like this happens and the development that are happening today, but what is your opinion? should we change the focus? >> in some ways it should focus our focus. think about 9/11. we reacted to that with a big massive freak out, for lack of a better word. we are still taking off our shoes at the airports. we thought we needed to do something. let's remember that as we react to boston right now. let's focus on that. we need to realize that facing this horrifying attack, we will not make it better with coming up with security theater to the measures. dagen: it is almost impossible to link spending directly with an event like this. >> of course. dagen: knowing so little as we do right now even about the type of devices that were used in boston. you are hearing references to it, but n
, requires the inspectors general of the intelligence community, departments of justice and defense, as well as the privacy and civil liberties board to submit a report to congress every year regarding the use of the information shared with the federal government. this amendment asks the inspector general of the department of homeland security to list enspectors general required to submit the report. it also adds the house and senate committee on homeland security to the list of committees that will receive the report. currently only the house and senate intelligence committee will receive the report. having the department of homeland security as a department included in this reporting requirement adds one more layer to this accountability. allow me to talk about the overall bill and why it has my support. i believe we need a 21st century solution for this 21st century problem. i have heard from businesses and constituents in arizona with firsthand knowledge of this issue. it's affecting both large corporations and small businesses alike. our national security, our financial security, are un
, defense secretary is in israel for the first stop of his week-long mideast trip. it's his first mideast visit as defense secretary. he will talk about serious civil war and the nuclear program. he will talk about u.s. arms deal with israel. this morning israel and the u.s. are both focused on preventing iran from getting a nuclear weapon. and john kerry is wrapping up a trip to istanbul. to push ahead with mideast peace efforts. he also announced a new $100 million aid package that will assist fighters. secretary kerry says the additional money will double the nonlethal assistance to syrian opposition. it will increase aid. secretary kerry says the situation in syria is at a critical moment and the bloodshed needs to stop. the united nations estimates the fighting killed more than 70,000 people and they are asking the syrian president to step down. >>> more than a decade after the september 11 attack on the world trade . crews started sifting through the debris at the beginning of the month. since then, more than two dozen human remains have been found. more than 2700 people died at the
of defense. we built a strengthened homeland security enterprise and a more secure america, better to face the challenges we face. the president'sle budget allows us to build on the progress by preserving core front line operations priorities. at the same time, given the current fiscal environment, this is the third straight year that our budget requests reflects a deduction from the previous year. our request is $800 million below the f.y. 2013 enacted budget. our mission has nod changed and we continue to face evolving threats. we've become more strategic how we use these resources. this is coupled with a unprecedented with a fiscal discipline that has led to $4 billion in cost reductions over the past four years in a process we call efficiency review. before i get to the nuts and bolts of the budget i want to talk about sequestration. >> excuse me. can i ask you to pause a little bit longer. if you could pause for a moment dub. we want to get this quarum ieve we have a .nd if i can find -- here we go i would like to take this opportunity to conduct a brief business meeting -- to consi
/11 attack in productions for the cia defense personnel based upon legal guidance that has since been repudiated. the most important decision may have been to declare the geneva convention did not apply to al qaeda and taliban captives in afghanistan or guantanamo. the administration never specified what rules would have applied instead. the task force believes that u.s. defense intelligence professionals and service members in harm's way of the clear orders on the treatment of detainees requiring at a minimum compliance with, and article 3 as the geneva convention to be the this was not done. civilian leaders and military commanders have an affirmative responsibility to ensure that their subordinates comply with all of the war. president obama has committed to observe the conventions through an executive order but a future president could change it by the stroke of a pen. congress, our recommendation needs to work with the administration to strengthen the torture statute, the war crimes act and the uniform code of military justice to remove the loopholes that allow the torture to occ
are again, a defensive day by and large. the big question i got early this morning is what the heck happened in germany? i don't have an answer for you, and some people are calling it a mini flash crash. the dax dropped 180 points in like, eight minutes right after the open and i don't have an explanation and there is a series floating around about fat figure trades and it was very unusual to see that. germany is now down eight in a row and we are are down 1.7% in germany. france was down 1.5% and there were many knock-on effects as a result of this and that's all i can tell you about it. carl, i think you were mentioning these ping-pong markets and that's the other big topic overnight. so you are down 234 on monday and you're up 160 on tuesday. you are down 103 on wednesday here and it's very tough for active traders to take positions. you get a lot of complaints about this stuff. you get stripped out every day depending on which side you're buying protection on, going long or going short and it's hard to take positions and it gets frustrating for active traders and of course, you can stand
at a cost of $12 billion. the official position of taiwan's ministry of national defense remains committed to procuring those submarines from the u.s. however, as the u.s. stopped making these diesel submarines many years ago, the sale has been stalled. i know we worked with france and some of our allies on this. could you advise what the current status of this submarines being acquired by taiwan is? and finally, you don't necessarily have to comment on this. if you'd like to you can, but former -- but the former president languishes today in a jail cell in taiwan. to me it smacks of the criminalization of politics. . stoot extent this administration communicates with the president i urge you to urge president mah to do the humanitarian thing, president chen's health is failing. i now yield to you, thank you. >> thank you, congressman. i appreciate it. i'll take that and just follow up on it. let me see what we can do about that. on burma, you are absolutely correct. there will be bumps in the road. i hope not big ones. obviously things are happening today that were unimaginable a few year
of the bad parts of it, i.e. europe, and that takes you to what we call defensive growth, defensive growth, as you say, is health care, is tapels, parts of the media, parts of the technology space, as well, clearly defensive growth. and then the other part of the bar bell, we want to take advantage of some of those attractive valuations in equities and in europe. we would rather go into financials selectively and look at those insurance companies, those banks, as well, which is perhaps have sold off more in the market than the recent pullback and look at all of those companies which have improving or strong capital positions. and you end up looking at some of the german insurers and the swiss bank. they look pretty strong for us. >> jonathan, thanks very much for that. . >>> today is also worldwide -- in china, "worldwide exchange" in china day. i'm in hong kong because i've just spent the weekend at the china entrepreneur's club annual meeting of green companies in china. i've just come back from there and the china entrepreneur's club is a group 50, 51 of the leading ceos of the private
game. >> defense secretary chuck hagel spoke about the bombings today while on a flight to israel saying, the attack was criminal and every region of the world is not safe from these terrible acts. >> i have not seen any intelligence that would make such a link, but as you know, all of the facts are not in. all of the dynamics and intelligence is not complete and until we know that, until we get more pieces, we won't be able to answer some of those questions. >> hagel also said the obama administration doesn't have enough information yet to decide whether the surviving 19-year-old tsarnaev brother should be sent to the guantanamo bay prison for terror suspects. >>> we're learning much, much more about the suspects now from the russian republic of dagestan where their father now lives. now cnn can exclusively reveal alleged boston bomber tamerlan tsarnaev, the older brother, had video of a jihadist on his youtube channel. let's get to nick paton walsh now, he joins us by phone from dagestan. so nick, what do you know about this video? i just spoke with the police commissioner here
is investors chasing the most defensive areas, when you see coca-cola and general mills and these great companies and that's the leadership area of the market, that doesn't express global growth. we want to show those, the energy names and that's real in this country and that's not going to get the respect. the housing recovery is real and it's not going to get that respect and we need to show that is the future of the economy and to do that, the economy will stand on its own two feet and otherwise it will be renters of stocks and not buyers of stocks and they'll believe that the fed is propping up the market and the market can't stand on its own two feet. what should we do? what is an investor to do now? sure, again, the volatile that's crept out of the market can be an opportunity for investors and if we look at what's been left behind in this rally and we talk about something like energy. if you believe the global growth story is real and some of the industrial names that are down in sympathy with gold and that's where an opportunity lies and if you look at the miners and the industr
had a tough series and we played great. defense is great. offense got us enough runs to work with. >> oakland a's left the bay area as one of the hottest teams in baseball. they limped out of florida today struggling to generate runs. losers to the tampa bay rays. he deserved better here. evan longoria hit the fly ball to right. redick gets there and foul it is ball. escobar lines a malone to left. and makes it to the seats about as fast as a ball can. redick has been struggling to get going at the plate. he did not get the hit at fourth. he's batting 113. that was it for oakland scoring. the rays added two more in the seventh. to roberts find the gap at left center with his drive one-half the wall. jennings comes around from fourth. rays got two more. and they lose 2-1. time to boston now for the first of three tomorrow. >>> we normally wouldn't pay much attention to the indians and astros. if you don't have a glove you can use your popcorn bucket. >>> and one step forward, one step back mode. tonight they ran into a team that's been their nemesis this year. the columbus blue jac
for the cia as a former deputy assistant secretary of defense. how critical is it that the 90 year-old brother of tamerlan tsarnaev be caught alive? >> well, is important. there is still some months that we don't know about this. is there a firm international connection? with a self radicalized? what motivated them? are there more potential terrorist attacks in the future? other part of the sleeper so? is the picture gets more clear new information makes a blurry, and there is just so much that we need to know. getting a hold of him and the freaking get informational tell us a lot. dagen: of course we mentioned the city has been on virtual lock down the public transition down. all of your major ones. so closed for today. amtrak service was closed down. people told by the governor of the state to stay indoors. boston and the surrounding areas. how critical is that? how critical is it that for these authorities to be a will to do their job? >> well, first of all, is public safety, of course. there are armed law enforcement officers, federal, state, local, out there trying to get this guy. anothe
, screaming at me, why isn't this guy in jail? look at this way, corzine's defense he put on a trade on italian spanish bonds. we point out that the trade turned out to be very profitable. people got worried about the trade in the market and they pulled out their money from, they pulled out their lines of credit. every brokerage firm needs lines of credit to survive, from mf global. the ensuing madness where mf global, maybe didn't have enough staff on board, caused them, it caused money, customer money to be somehow comingled with the firm money. it is hard to prove, that a, that trade was done with malice. which it wasn't. it turned out to be right ultimately. b, that he really was directing people to misuse customer money. it is, when you break it down, i'm telling you, i'm no fan of jon corzine politically. he is a very nice man personally, this is a hard case to bring. now i'm not saying they are not going to bring it. for all i know they have charges tomorrow. i haven't seen them and i haven't heard of it, but i will tell you he will litigate this back and he could win. this is
in this whole region has been through the department of defense, the military, defense contractors, shipbuilding, hundreds of years of history here building ships. we're the only place in the world that builds nuclear aircraft carriers and submarines and those kinds of vessels. the full range of maritime business. the report. hampton roads is probably the largest physical port. -- on the east coast of the u.s. the challenge is running a city like virginia beach are probably not a lot different than most every city in the country right now. that's all all changing relationships of federalism, the relationship between the state and federal government changing dramaticallymaking it much more difficult to finance the operation of cities to keep up with the needs in terms of part, and just the ongoing eds of the community for cultural, recreational, those kinds of activities. resources are getting harder and harder to find. and the competition for those resources is sharper than ever and it's a real balancing act to try to sort through that and come up with a program that will take us out through the
, it will worsen dramatically and be far more costly . the defense department has studied potential threats to national security posed by climate change . d.o.d.'s 2010 quad perennial defense review -- quadrennial defense review states climate change may act as an accelerant for instability and that in turn would place burdens on civilian institutions and militaries around the world . the top commander in the pacific, admiral samuel locklear, said the biggest long-term security challenge in the pacific is the climate change . as the pacific commander, he understands the impact that sea level rise and extreme weather events can have on our military resources and on civilian populations in the pacific . my constituents in minnesota also understand that the threat of climate change . that's why recently nearly 400 people gathered at a local lutheran charge in wilmer, minnesota, to talk about climate change . wilmer is not a big city, so when this many people gather in one place, you know it's a big deal . they're concerned about climate change and the marked increase in severe weather occurren
. >> you don't want to turn over intelligence gathering to it a criminal defense lawyer and the terrorist. >> shepard: investigators say they want to question the older brother's widow. one friend calls her an all-american girl and accuses her husband of brainwashing her. >> shepard: plus friends and family say goodbye to the girl with a heart of gold. and one week later the nation stops to remember. >> shepard: and good evening from fox news, one week later, the feds have charged the suspect in the boston marathon bombings with using a weapon of mass destruction. charge that could get him death. officials say prosecutors and a judge went to the suspect's hospital room today to formally charge him with the attacks that killed three people and wounded close to 200 others. according to the criminal complaint here. surveillance videos shows the 19-year-old on the cell phone before that first blast. goat, a few seconds after he finishes the call, the large crowd of people around him can be seen to react to that first explosion. then he walks away without his knapsack. having left it on the gr
you were in china that you suggested the united states would reduce our missile defense system in asia for exchange, in exchange for chinese help with north korea. it seems to me that even though we're being threatened by nuclear attack by the north korean government, first of all, is that an accurate statement? and if so, explain that if you would. >> no, not an accurate statement. i think it was corrected while i was over there. it was reporting to that effect. there was no offer, no deal, no contemplation of it. what i did say publicly and i will say it again, is that the president took specific deployment steps of missile defense in direct response to north korea. and it stands to reason that if the north korean threat disappears, there would be a logical question of whether or not th that same level of deployment is necessary. it's all, i stated, was sort of a fact based on the rationale of deployment itself. >> do you think the united states should give aid to north korea of some type to temper their saber rattling, which they seem to do, about this time ever you? >> no. >> thank
a sense that it can bbecomes justifying ainiable cor a justifiable defense, in other words, if you are in airline industry, you will take your time to makeour point, if you move fast the chance of you getting a budget hike is less likely. i don't want to be that jaded, i'm just saying it would behoove you to not to look like things are not a problem. >> i think that administration has asked them to make it look as painful as possible. frontline folks i think they will continuto serve the customer, the customer is happy, business is good. they get rewarded. neil: you fly all of the time, are they that happen? >> it depends on airline and products. neil: every agent i bump in to must like cnn . >> i kill them with kindness. neil: you do. >> i have to. neil: all right a certain amount of attitude, and dismissiveness, with this, they might believe that pudding shove down their throat. but, i don't suspect we'll see much improvement. >> i think you are focussing on is airline piece that is piece -- >> that feeds from all of the above, faa and homeland security. tsa . >> think about it t
for the quarter. sector to sector, defense sectors doing better, utilities, health care, and telecom. back to you. melissa: thanks so much. lori: fbi confirms preliminary tests on a letter sent to president obama tested positive for ricin. rich edson has the latest. rich, when you hear news like this coming after the bombings in boston, you understand why the fear trade is in play here on wall stroat. >> absolutely. in washington, d.c. as well. this is the nation's capitol in a heightened state of sensitivity this after three suspicious packages now all clear from u.s. senate office buildings, a report we had brought you last hour. the u.s. capitol police have taken care of the packages in the senate office building that are now all cleared. the letters, one sent to the president of the united states, the other two a u.s. senator. this from the fbi saying filters in a second government mail screening facility, preliminarily tested positive for ricin this morning and mail from that facility is tested. there's no indication of a connection to the attack in boston. also, u.s. senator carl levin, a d
disarmament. the reaganites in the defense department were horrified by this and put a stop to it but reagan didn't go all the way with reaganism when he had a chance to end the cold war, especially the nuclear threats. so it's a hard-core republican belief. if you remember the pup pup prime -- republican primaries of 2012, it was not that long ago there were eight or ten republican candidates in simi valley for a debate at the reagan library and every one of them said reagan set the example how maring be strong, reagan did with the soviet union and we should do it today in iran, we should do it -- we were right toy trite in iraq. america should use its power to achieve its spend destroy its enemies. i worked in the cold war and in the middle east. you have 29% of the american people agree with that today. >> richard, do you want to say something? you're leaning forward. >> no. >> okay. we want to take questions from the audience if anybody has a question, and i think there's a microphone somewhere that someone is going to bring up. why don't we start right up here on the aisle, blue shirt.
in place post-9/11 work. now it may be too late to save everyone, but it is providing a effective defense. >> in terms of the sophistication to carry out a mail attack, if you will, honestly the details around the anthrax attack are still very much -- we don't have clarity even a decade later. >> still in dispute. >> it takes a fair amount of sophistication and access to material to be able to even care something like this out. >> and anthrax is harder than ricin. anthrax to tell le weaponize it, grind it up, getting it to a place where it's effective is a bit more different than risen. ricin extracted from castor beans, this is not particularly sophisticated, but it is effective. it has to be ingested or inhaled, about you it requires somebody to at least give it some thought to sit down and produce it. >> luke, you are obviously here and not on capitol hill, but in terms of the reaction we're seeing from congress, the fact -- look, there's still legislation that they're debating at the capitol hill and it's on high alert. the question is how much it affects the proceedings. and there's
, but these deflationary pressures have been in play since the end of january when commodities started falling, defensive sectors started leading. you get the sense that something's happening, you get the feeling that something's about to hurt and then the spasm happens. when you have deflationary junctures, which is what every part of the market place is seeing is happening right now, that $85 billion a month is not enough from the fed -- >> you're making reference to how much they're buying every month when it comes to securities out? >> correct. >> peter anderson, bank of america may have set the tone this morning with that disappointing earnings report, yes? >> y >> yes, it was. and that's symptomatic of the -- >> peter, hang on one second. we'll have to do this for the next couple of hours as more news continues to break. let's go to sue herrera with the latest. what do you have, sue? >> bill, our team on the ground in boston is reporting to us that the federal courthouse in boston is now being evacuated. you're looking at a live picture right now of people leaving that courthouse. we don't know why
government is increasingly held in such low regard by the american people. but for the left the defensive crouch at least makes sense. liberalism's main purpose today is to defend its past gains from conservative reform. but negativity on the right, to my mind, makes no sense at all. the left has created this false narrative that liberals are for things, and conservatives are against things. when we concede this narrative even just implicitly, we concede the debate before that debate even begins. and yet too many of us, elected conservatives especially, do it anyway. we take the bait. a liberal proposes an idea, we explain why it won't work, and we think we've won the debate at that moment. but even if we do, we reinforce at ivat i'm talking about; winning battles while we're losing the war at every step. this must be frustrating to the scholars of the heritage foundation who work every day producing new ideas, ideas about what conservatives can be for. but it should be even more frustrating to the conservatives around the country that we as elected conservatives were, in fact, elected to
cold war world. he set up -- he set up a defense structure that cold war started with harry truman and ended with ronald reagan. and now he's considered one of the near great presidents. >> i've always found it fascinating how in realtime we build up and tear down presidents. historians do the same thing. there was a time period 20 or 30 years when historians were giving truman not much credit and there was some revisionism in the late '90s. and we've seen it with grant, with polk, we'll see it with other presidents. >> right. and you look at george bush and 30, 40 years from now, obviously our pearl harbor is 9/11. and a lot of people, historians going to say america wasn't attacked again during the rest of his term over the next seven years. and painted in broad colors, broad strokes, he's going to be judged first and foremost for that. >> what's going on in the aftermath of boston. barack obama has to start worrying about his legacy and isn't going to be enough. does he want his legacy to be i failed? are there going to be any excuses big enough for history. he's got to figure o
to stop playing some defense with high-needing food stocks that can thrive, even when the global economy is in dire straits. take long-time cramer fave b & g foods, neglected brands from larger players, private equity firms, and bringing them back to it life. you might know b & g as pickles. b & g just reported last thursday and the company delivered an excellent quarter with in-line earnings and revenues that came in higher than expected, rising 8.8% year over year. we don't have a lot of companies in the food business that gained like that. meanwhile, the company raises for guidance, earnings before interest, taxes and depreciation and amortization. it jumped from $28 to $30 the next day and continuing to climb, $31.08 and 3.75% yield at these levels. b & g has given a 186% return since i initially recommended in october of 2010. the valuation may seem stretched with the stock trading at 19 times earnings. however, every time the stocks seem too expensive to own, they seem to go higher anyway. let's check in with the president of b & g foods and find out more about the quarter and wher
over and they're playing defense to prevent against a double-dip recession. >> and the economic numbers are not that great right now, so how do you justify investing in the market knowing, you say market goes up in a slow economy, but what if they're exceeding earnings growth expectations? >> also, when earnings are slower, the market does better. when they grow really fast on an overall basis, that's another time when the market discounts and turns down. so we're in a sweet spot right now for the market. >> one more question to matt cheslock before we let you go. what you expect this last hour here, especially since we have three big earnings reports coming out after the bell tonight. >> is there more than one? i thought it was just apple, actually. >> yes, there is apple, but you also have at&t and yum! brands as well. >> i think we'll focus on europe. the whisper numbers for apple have gotten maybe out of control, but the market has taken so much out of it already, it's poised for upside, i think. >> the expectations are for $10.01 from an apple, but whispernumber.com says it could b
making movies, producing tv shows or r & d on defense, you know, spending as investment. it's a bunch of nonsense. the government cooks the books and massage the numbers to make them look better than they are. there's a lot more inflation than the government acknowledges and it gets a lot worse as the money printing continues. >> we appreciate it, peter, thank you. >> thanks. stuart: i want to get back to microsoft, up 70 cents the last time i saw it. nicole, have you got a reason for me yet? >> yeah, it's interesting to see a move at microsoft. it's up almost 4%, come on, when do you he see microsoft up 4%. the it's a couple of things, and i know you love it and everything, let's talk about what we're seeing. on street insider.com there are reports that people are reporting -- reports that people are reporting so that shows you it's out and people are talking about it, but no one has solidified this idea, but that a big hedge fund, value capital will shortly disclose a 2 billion dollar sotake in the software giant. and steve ballmer, ceo, a splitup of the company may be discussed so
. and that is the strongest line of defense. yes, we have a department of homeland security and the fbi, but people are first responders across the country and citizens are just vigilant and observant notifying them of something they see is suspicious. when you think about the freedom of this country, 320 million somewhat people living lives that people in the rest of the world only dream of, we should take pride in that freedom, take pride in that safety, in the steps that have been taken, but understand in the 21st century, there are always going to be these risks. >> former new york state governor, george pataki, it is always good to see you. >> thank you. nice being with you. >> we got an update this morning on those swrired in the attack. of the 176 hospitaled, 69 are still in six area hospitals, all of them within a mile and a half radius. a 9-year-old girl and a 10-year-old boy are among 19 victims still listed in critical condition. the "today" show spoke with the doctor and father of 11-year-old aaron haern. >> he's doing a lot better. he's been through a lot. he actually a couple of times yesterday
/2 months of testimony. defense attorneys for jodi arias have rested their case. the trial is far from over. later today the prosecutor is set to call rebuttal witnesses. jodi arias admits to killing her ex-boyfriend. she insist it was self defense. if convicted of murder she faces the death penalty. the trial is expected to last several more weeks. >>> the judge in the jackson family lawsuit against concert promoter aeg is fed up. the jackson family is seeking millions from the promoter in the civil lawsuit. the judge says from now on she will not consider any more requests from potential jurors to leave the case except for medical emergencies. the judge has been swamped with last minute excuses from would-be jurors and she says she is concerned that the jury pool is dwindling fast. one man claimed he simply dislikes michael jackson and his entire family. >> think a lot of people may want to be on the jury. >> i don't understand. >>> powerful voice in gospel music silenced, george beverly shea, performed hundreds of millions as part of billy graham's evangelical crusades, performed in fron
the bombings at the boston marathon. now his relatives are coming to his defense. they say they don't understand what could have made him turn and some believe he may have been forced by his older brother. >> doesn't make any sense. the facts don't add up. i think it's -- there has to be something we are missing or that we don't understand. >> the older brother 26-year- old tamerlan tsarnaev was killed during the manhunt, during a shoot out with police. he was an amateur boxer, married with a 3-year-old daughter. one of his aunts said that he had become a more devout muslim but none of his relatives believed that he held extremist views, though he was interviewed by the fbi back in 2011 and he was questioned about possible ties to extremists but eventually in that case he was cleared. this morning we are also learning mop about how the younger bombing suspect, the survivor spent the days after the bombings. according to one report he worked out at the gym, went to an on campus party. this morning he remains in the hospital in serious condition and has yet to be interviewed. live i
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